Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $7,005

• 1f · All other contributions, gifts and grants

  $10,297

• 2a · Program service revenue: RESIDENT SERVICES

  total $33,953,967 · related or exempt $33,953,967

• 3 · Investment income

  total $255,959 · excluded $255,959

• 7a · Gross sales of assets other than inventory

  securities $1,666,891

• 7b · Less cost or other basis and sales expenses

  securities $1,401,013

• 7c · Gain or loss

  securities $265,878

• 7d · Net gain or loss

  total $265,878 · excluded $265,878

• 11a · Other revenue: OTHER REVENUE

  total $176,843 · related or exempt $176,843

• 11e · Other revenue, total

  $176,843

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $100,000 · program services $100,000

• 5 · Compensation of officers, directors and key employees

  total $420,994 · management and general $420,994

• 7 · Other salaries and wages

  total $13,988,636 · program services $12,034,634 · management and general $1,954,002

• 8 · Pension plan contributions

  total $113,496 · program services $106,501 · management and general $6,995

• 9 · Other employee benefits

  total $1,299,826 · program services $1,108,856 · management and general $190,970

• 10 · Payroll taxes

  total $1,056,218 · program services $897,785 · management and general $158,433

• 11b · Fees: legal

  total $32,146 · management and general $32,146

• 11c · Fees: accounting

  total $19,786 · management and general $19,786

• 11f · Fees: investment management

  total $35,886 · management and general $35,886

• 11g · Fees: other

  total $9,455,292 · program services $8,684,909 · management and general $770,383

• 12 · Advertising and promotion

  total $15,661 · program services $15,661

• 16 · Occupancy

  total $1,309,224 · program services $1,217,578 · management and general $91,646

• 17 · Travel

  total $51,960 · program services $19,828 · management and general $32,132

• 19 · Conferences, conventions and meetings

  total $12,385 · program services $4,585 · management and general $7,800

• 20 · Interest

  total $165,313 · program services $165,313

• 22 · Depreciation, depletion and amortization

  total $1,081,173 · program services $1,027,114 · management and general $54,059

• 23 · Insurance

  total $1,125,907 · management and general $1,125,907

• 24a · Other expenses: SUPPLIES

  total $2,275,558 · program services $2,145,277 · management and general $130,281

• 24b · Other expenses: TN NURSING FACILITY ASS

  total $1,647,020 · management and general $1,647,020

• 24c · Other expenses: PURCHASED SERVICES

  total $442,997 · program services $14,541 · management and general $428,456

• 24d · Other expenses: MISCELLANEOUS

  total $354,029 · program services $101,772 · management and general $252,257

• 24e · All other expenses

  total $108,337 · program services $3,467 · management and general $104,870

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $555,502 · end of year $72,041

• 2 · Savings and temporary cash investments

  beginning of year $5,423,847 · end of year $4,020,747

• 4 · Accounts receivable

  beginning of year $3,958,539 · end of year $3,442,709

• 9 · Prepaid expenses and deferred charges

  beginning of year $201,807 · end of year $787,606

• 10a · Land, buildings and equipment: cost or other basis

  $27,467,317

• 10b · Land, buildings and equipment: accumulated depreciation

  $12,419,043

• 10c · Land, buildings and equipment, net

  beginning of year $15,887,899 · end of year $15,048,274

• 11 · Investments: publicly traded securities

  beginning of year $8,927,252 · end of year $9,315,005

• 15 · Other assets

  beginning of year $161,581 · end of year $567,007

• 17 · Accounts payable and accrued expenses

  beginning of year $3,082,504 · end of year $2,366,133

• 23 · Secured mortgages and notes payable

  beginning of year $4,117,401 · end of year $3,655,820

• 25 · Other liabilities

  beginning of year $125,731 · end of year $93,081

• 27 · Net assets without donor restrictions

  beginning of year $21,790,791 · end of year $27,138,355

• 28 · Net assets with donor restrictions

  beginning of year $6,000,000 · end of year $0

The filer's explanations (Part III)

PART I, LINE 7

BONUSES DURING COVID HAVE BEEN DISCRETIONARY. THE BONUSES THAT WILL BE PAID ON JUNE 2024 WILL BE METRIC DRIVEN WITH A SMALL PORTION BEING DISCRETIONARY.